Monthly Archives: August 2011

On Aug 11, 2011, I had mentioned on my post that S&P500 has probably found a bottom. The market, since then, has rallied ~ 7%. But it is not able to cross the 1200 mark on S&P500. I think, at … Continue reading →

Well… we did have a rough few days of trading… If you look at my previous post, I did mention that testing the 200-week MA was in the cards. There is something interesting I want to note today. If you … Continue reading →

Yesterday it felt like Market was going to test the 1200 level on S&P500 and it did. The next logical support is at 1157 area (200-MA) and then at 1100. Today’s better than expected unemployment number might help slow down … Continue reading →